Time Equipment Company modernized the parking system for Patent 523 Apartments in Seattle, WA.

Located at 523 Broadway E, in the vibrant Capital Hill area of Seattle, WA, Patent 523 Apartments are a mixed-use facility with over 26,000 square feet of retail space on the street and 295 residential units, including studio, one, and two-bedroom apartments.

Patent 523 Apartments include 286 monthly rental spaces and 55 shared retail parking stalls.

Essex is the owner of Patent 523 Apartments.  Their beginnings go back to 1971 when real estate entrepreneur George M. Marcus formed Essex Property Corporation.  Today Essex, an S&P 500 Company, acquires, develops, redevelops, and manages approximately 250 properties throughout the West Coast, including Southern California, the San Francisco Bay Area, and the Seattle metropolitan area.

Essex’s mission is to create quality communities in premier locations.  As part of its mission, Essex wanted to improve access to its retail shops by modernizing their parking systems.  In addition, they wanted better local support for any maintenance or modifications to their new system.

Time Equipment Company installed new TIBA MP-60 entry and SW-60 exit terminals for two separate street access points.  In addition, four Magnetic Gates finished the installation.

As the leading expert in parking control systems in the Northwest, Time Equipment Company simplifies complicated processes by offering seamless, reliable, and bulletproof systems.  Time Equipment Company is the exclusive provider of TIBA Parking equipment in the Northwest.

For over 30 years, TIBA Parking Systems has provided innovative solutions for the parking market, resulting in reliable, user-friendly products that lower the initial acquisition price and ongoing maintenance cost.  TIBA has successfully implemented this by focusing on software development while continuing to enhance and support its reliable hardware platforms.  As a result, this system allows owners to keep their capital investment down while still enjoying the latest software functionality.